He added: “Any side in the world with Luis Suarez is a better team, so I hope he stays at Liverpool a long time.

“You can understand why he’s linked with many sides over the world, because he is a world-class player.

“If he does go, it’s important that the money is spent wisely and you bring in a good amount of players.”

Indeed, Fowler claimed Liverpool were seriously short of numbers, insisting they should even keep hold of £35 million misfit Andy Carroll.

He said: “Look, I think Liverpool need as many numbers in the squad as they can.

“The squad would probably be better with Andy Carroll in it but I wouldn’t say that he would play many games.

“I think when he first came, he tried to play to the price tag. That sounds a little bit silly but he was trying to drop off, beat men, and do everything that you’d expect of a £35 million player.

“He looked a much player when he got to the nitty gritty, when he used his body and he was a handful and – no disrespect but – when he was a big lump.”

Carroll’s miserable start to life at Anfield is in stark contrast to that of Daniel Sturridge, who beat Fowler’s record for the most goals in his first 13 Liverpool appearances after netting 10 times over that period.

Fowler said of the former Manchester City and Chelsea striker: “With Daniel, I think there’s always a question mark over his attitude.

“He’s a young guy, he’s had X amount of clubs and that always worries you a little bit.

“But he’s come into Liverpool and, fair play to him, he had been brilliant.”

The performances of Suarez and Sturridge were not enough to see Liverpool challenging for honours last season and Fowler warned they could face a similar campaign unless Brendan Rodgers is able to unearth more gems in the transfer market.

“There’s not really a magic wand that’s going to make it happen overnight. I think it’s going to take a little bit of time.

“It depends, really, how much the owners are going to give Brendan. You look at the signings he made towards the end of January, they were excellent, Coutinho and Sturridge.

“Hopefully, he can get a few more buys like that.

“They could also do with a Gary McAllister-type player, someone with a little bit of experience who’s been around the game and seen everything.”

Fowler was speaking at the third annual British Airways Football Legends Invitational tournament held at the Kensington Oval and in association with the Barbados Tourism Authority, the Professional Footballers’ Association and the Casuarina Beach Resort.